CEO Daniel Erver remains hopeful, emphasizing future reductions in brand investment costs and improvements in womenswear. The retailer continues to enhance competitiveness through celebrity ...

H&M posted weaker than-expected profit in its first quarter, joining other fast-fashion retailers that are struggling to attract shoppers. Early numbers for the current quarter show the trend ...

H&M Group consolidates Monki, Weekday and Cheap Monday online. Monki moves to Weekday for an ‘ultimate shopping experience’.

The gain was then even weaker in March. H&M’s income was hit by discounting, but Chief Executive Daniel Erver played down any concerns. He said the first quarter was always the weakest period ...

LONDON (Reuters) -H&M's sales were up just 1% in March after a weaker than expected first quarter, the Swedish fast-fashion retailer reported on Thursday, in a sign of a slow start to its spring ...

"Even if we are taking important steps, we are not satisfied with our result in the first quarter," CEO Daniel Erver said in a call with analysts. "We are still in a high inflation climate where the ...

and we are confident going forward,” CEO Daniel Erver said in a statement. Increased discounting and marketing investments impacted H&M’s profitability in the quarter, the company said ...

Retailer H&M has revealed weaker-than-expected sales as it was impacted by recent store closures. The Swedish fashion giant ...

and we are confident going forward," CEO Daniel Erver said in a statement. Increased discounting and marketing investments impacted H&M's profitability in the quarter, the company said ...